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    Other City - In The Bay Dr Bay Dr State Of Florida, FL 33957

    For Sale
    $12,000,000

    Unimproved Land - Other City - In The State Of Florida, FL

    Type:Unimproved Land
    Lot size:
    19.70 Acres
    Days on Market:
    163
    Last Refresh:
    Dec 10 at 9:06 pm

    Property Features for Other City - In The Bay Dr Bay Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    None
    APN
    10124963
    Lot size
    19.70 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    None
    Water source
    Public

    Building Details

    Architectural style
    Other

    Elite Ocean View Realty (305) 600-1278 [email protected]

    Listing agent Bugra Kulig (305) 600-1278 License #3468560

    Listing date Jul 1, 2025

    MLS# A11736390 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sanibel Island Land Opportunity

    This property presents an opportunity to acquire nearly 20 acres of unimproved commercial land on Sanibel Island, located near the beach. The site is surrounded by housing communities and golf courses. According to the listing information, no other lot of this size is currently available on the island. The property is located in Other City - In The State Of Florida, FL, with a postal code of 33957, situated in Lee County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    State Of Florida
    County
    Leon
    State
    Florida
    Longitude
    -82.1018
    Latitude
    26.4513

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    FAQs

    What type of property is this?
    Land - Nearly 20 acres of land on Sanibel Island.
    Where is this land located?
    The property is located at Other City - In The Bay Dr Bay Dr State Of Florida, FL.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - Nearly 20 acres of land on Sanibel Island.; - Located near the beach.; - Surrounded by beautiful housing communities and golf courses.
    (305) 600-1278
    Request Owner's contact information
    Other City - In The Bay Dr Bay Dr State Of Florida, FL 33957
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    State Of Florida, FL 33957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Other City - In The Bay Dr Bay Dr State Of Florida, FL 33957
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